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. controversial right-to-work measures will soon be the law of the land in michigan. republican governor rick snider signed the law despite wide protests at the capitol. the law will make it illegal for a union employee to pay union dues as a condition of their employment. >> let's explain that. just for half a second. then we'll go on. right to work, what does it mean? people ask me, what does it mean? it means unions can force somebody to pay them if they want to get a job in the state of michigan. >> well, what it means is, if you get a job, the union extracts money from your paycheck for the dues for union dues. >> well, yeah. >> automatically. >> automatically. >> you've got no choice. oh, you want to work here? well, you've got to pay us. >> right. >> what if i don't want to pay you? what if i don't want to support the candidates you support? what if they're the antithesis of my values? too bad. and so i've never understood this. >> governor snider says it was the unions who started the fight in the first place. by trying to add collective bargaining rights in the state's constitution.
point, bracing for protests. thousands battling over michigan's right to work. will the governor reconsider the controversial measure. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school
the tools in wisconsin, indiana and michigan. because we this -- they have to learn that these republicans aren't going to do -- >> stephanie: thank you, liz. i enjoyed your work as charlie brown's teacher. i don't know what was wrong with that call. was it me? [ applause ] >> she was using her "sports illustrated" sneaker phone. or football phone. whatever. >> stephanie: something about republicans in michigan. wa wa. she had some good points. >> speak directly into the clown's mouth. >> stephanie: right, okay. would you like fries? >> i want fries! >> stephanie: senator tom harkin, democrat of iowa yesterday. >> all of you negotiators who are now negotiating on this so-called fiscal cliff and stuff. keep your hands off medicare and keep your hands off medicaid. >> stephanie: that's what i was just saying in the article on the hill. it warms the cockles of my liberal heart. >> you almost said cobbles. >> stephanie: i wonder if he says -- >> roger hedge corn. >> stephanie: senator jay roc
. if it fell to kohler, here is the reason. we have a fairly impressive when off of michigan producing a wind chill below the temperature in a few spots. barometric pressure at this hour the wins out of the east up 14 miles per hour. look at the storm production of in the upper plans. the is a blizzard warning for parts of north and south dakota and parts of a minnesota where winds have been blowing 6 inches of snow and a ground. much of this may now be hitting the ground across the area, but a few sprinkles are possible. most of it as you might suspect is back out north and west. the main energy will pass to the north so we are not expecting any action from that. the computer model does show it getting close to chicago. it is possible there will be a dusting and some areas. a club or two around of monday and tuesday. we are looking at cloudy skies sprinkles that may mix with a few flurries. cloudy skies and flurries or drizzle and afternoon showers can pop up as well. sunday night may be an early sprinkel low temperature 41 degrees. on monday called air pushes a in. it will be chilly out the
and labor unions. michigan is set to be a right to work state. kelley? >> good morning steve, brian and gretchen. when he speak in michigan today. president obama will be stepping in the middle of i awe heated debate between unions and those who want to make michigan a right to work state. >> hundreds of union workers responding to the republican legislatures push to make michigan the 20th right to work state in the nation. gop lawmakers are expected to pass it. governor rick snyder once called the legislation divisive is backing the plan. >> this is somely focused on their relationship. shouldn't they have an opportunity to belong or not? it is good for economic development for more jobs coming to michigan. >> union workers disagree and argue that mish mishh was built on unions and clam that the gop majority legislature is attacking the middle class. >> it is important. they will try to reconcile the bills and the governor who didn't want the legislation is signing. we'll not stand for it >> over the weekend they continued to prepare members for staging demonstrations against did t
'll talk about it. just saying. i can be bought. president obama travels to redford, michigan, today to speak at daimler detroit diesel. the company is expected to announce a $100 million plus investment that would expand u.s. production and jobs and also help them develop new technology. detroit deals has 2300 employees and it makes engines rear axles and transmissions. daimler is expected to say its truck division will be the first heavy duty vehicle maker in the u.s. to make all of the parts in one place. that means that the design process can end up being more efficient and the parts end up being more effective. president obama's trip to michigan comes at the same time that right to work legislation is teed up to be signed into law this week. the republican state house and senate jammed through the legislation last week and governor rick schneider who is also a republican, is likely to sign it tomorrow. labor union leaders say they've been told the president will address the right to work fight in today's speec
in love with progressive's claims service. >>> it was not until last week that michigan's governor rick snider announced that he even supported a right-to-work law. five days later, after making that support known, the bill was finished and signed so on tuesday, michigan became the 4th right to work state, rushing through legislation that substantial i will reduces union power by banning unions from requiring workers to pay union dues and online onshops that pay yub onwages. go governor snyder adopted the argument that he's freeing workers from having to pay union dues. >> i hope this gives the unions an opportunity to be more successful. by having an opportunity that really have to listen to all the workers there. and say, why are they delivering a value proposition that workers can stand up and choose to joined? >> the latest wave of union setbacks to hit the midwest and states where organized labor is traditionally strong like wisconsin and indiana. this time, however, it happened in michigan, the heart lanlds of the american labor movement. a state that's long been the spiritual cen
of the coverage begins at 2:00 p.m. eastern. >> meantime, tensions boiling over in michigan. big labor unleashing its fury as the governor writes a right to work legislation into law. a live report from there next. goldman sachs ceo live from the deal book conference in a cnbc exclusive. what's his take on the fiscal cliff, the economy and regulatory land scape. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >> meantime, tensions boiling regulatory landscape. >>> welcome back. i wanted to take a look at shares of berkshire hathaway. earlier, right at the open, berkshire shares were halted. it was unclear why. then we got the news, a significant repurchase of -- or purchase, i should say, of shares from a s
, the newest is the state of michigan. if any state was emblematic of organized labor in this country, it has to be the state of michigan, moving in the direction of north carolina and 23 other states as well. this is starting to look like a serious shift historically. perhaps the entire nation becoming brightwork. >> i agree with that. i agree with that because you see 91010 states. especially michigan. lou: insurance exchanges states are deciding whether to create insurance for themselves or -- i don't know whether to call them chitects are what obamacare -- these insurance exchanges are not happening. eighteen states plus washington dc are the only ones who have declared that he they will set their own exchanges under obamacare. by my math, that leaves 25. we are going to leave it up to the government. that is remarkable. >> i was proud to be part of a 26 a coalition that led the fight against this health care lawsuit to this report. we were able to carve out the ability for states to opt out. i am proud of governor nikki haley for deciding to opt out of this. this huge fiscal cliff is goi
gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through the u.s. to drug car tails and nations like iron. the sweatshirt is nice and all but i could use a golden lasso. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten command
's for sure. >> the cliff and some of the stuff happening in michigan as well. >>> netflix received a notice from the s.e.c. regulators warning that they may bring civil action against the company and reed hastings for violating public disclosure rules by posting something on facebook. back on july 3rd the ceo posted and here's the quote netflix monthly viewing exceeded 1 billion hours for the first time ever in june which seems -- he thought that was fairly innocuous, but the s.e.c. says it violates regulation fd which is the public disclosure. you have to make full and fair public disclosure of what would be considered material nonpublic information. and hastings says this is crap. he's dismissing the s.e.c. contention saying he did not believe that the post was material on facebook. in a letter yesterday he also suggested that because the post was accessible to more than 244,000 subscribers to the page, it was very public. shares of netflix not much happened. there are other things happening with the company, too. we'll talk with an analyst who covers netflix in about 11 1/2 minutes. >>>
longer school days. and walmart organizers began to strike for holidays. and there was also michigan passing a right to work and making them the 24th state with such laws. the events of this year can leave anyone with mixed feelings and uncertainty about the future of organized labor, but that is looking at the glass half empty and in direct opposition of what labor has stood for in this country, hunkering down and getting the job down. uaw president bob king understands very well that the fight is far from over. >> we are going to continue until people know what this ideological agenda is. it is about suppression of women's rights, labor rights and immigrant rights and it is really about what kind of america do we want. the only way to win is to have a broad coalition to rebuild a social justice movement in the united states. >> bob gets it, but this year does not signal an end to the labor union, but labor is regrouping and reforming using the setbacks and the defeats as a springboard as renewed and more inclusive action. organized labor can no longer be just auto workers or electr
plan and not a partial step is needed. >>> michigan's governor is vetoing a bill that would have let people carry concealed weapons in schools, hospitals and other public places if they had licenses and underwent additional training. right now michigan law lets gun owners openly carry weaponing in those places. governor rick snyder says this bill did not allow public places to opt out. >>> swiss bank ubs will pay $1.5 billion to settle claims it manipulated global lending rates known as libor. the second largest fine ever in the history of banking. the bank ceo says the firm regrets the unethical behavior. earlier this year barclays paid a $450 million fine for its part in manipulating that same rate. >>> in washington state a dramatic mudslide caught on camera. okay. that's scary. the mudslide knocks the train cars right off the tracks. a long shoreman took a video monday afternoon of this. he says he was working near the hill when he started hearing the soil move. wow. train service now back up and running. no one seriously hurt. >>> just hours ago, "time" magazine unveiled its 201
game that year to michigan it was on a very bad officiating call i can say that now i was on that week. a long story. thank you that is the news for this wednesday night. atstppmwÑyzhñs?úxu@w÷[@?2g@<ñpmn@gévl,vpçtfmoxgç[úwo@óhs]ñu@'nñ@f@wp;í'ytéo@:@wzÑl[pñvvúopoú÷ñwxóññ@kñpóqñjxkñl wj?5wíeíntj@itÑh;óokñí>n =
with that. >> i just came from michigan. there's been a resurgence of the auto industry. there was federal money that went into it. without federal money, chrysler and gm would have gone bust. >> the liquidity. like aig -- >> exactly. let me finish. you talk about it's all wasted. that's not true. that's not true. some of it is well spent. and i think you should answer your question. sandy, not named after me, had a major impact on the east coast. there's been a request for help from the federal government. i'm all in favor of accountability. >> but did you have accountability with katrina? i don't think so. it's your constituents that are paying for the wasteful money. if you're coming here telling your constituents, you really don't -- >> no, look, i'm saying, i'm in favor of accountability. >> the congressman from new jersey needs to speak up for the state. >> i'm in favor of accountability. let me finish. after accountability is built in, will you vote yes or no? >> i will be supportive of slaks once we have the accountability in place. >> good. >> work with me on the accountability, f
on northern michigan. and that is not all. the system will also cause headaches we're told in other parts of the nation. who will get what when? meteorologist janice dean standing by live in the fox weather center. jd, what is the story? >> the story is a blizzard and it will affect millions upon millions of people. want to make sure my weather map works. it does. let's move in. i will though show you where we'll see rain and snow. this storm has not gotten its act together yet. we're seeing a foot or more of snow but we're starting to see this thing crank up. you see the rain across the nation's heartland? there is the snow. but the wind will be the major problem. see the red-shaded area? those are blizzard warnings, meaning we'll see heavy snow, gustings of over 50 miles an hour. that will cause blowing snow. what will that do? it will cripple, cripple travel across the upper midwest across the next 24 to 36 hours as the storm moves eastward. show you the wind gusts, dark shaded blue, those are wind gusts in excess of 50 miles an hour moving through kansas city, des moines and towards c
and blood and guts. big implications for big labor. that is michigan's decision to become a right-to-work state. thousands of protesters and union members converged on the capitol in lansing yesterday to object to the measure that would bar unions from requiring workers to pay membership dues and to join the union. governor snyder signed the measure into law. >> shouldn't the unionsing putting out a proposition that workers want to join a union? and shouldn't workers feel free to make that choice to say their dollars are going to the union or not based on they feel they're getting results? so that's what this is really doing. so that's why i view this as pro-worker, not anti-union. >> the right-to-work clause regarded as a big blow to organized labor which has seen membership decline across the country. down to private sector 7%. >> you think overall, isn't it, 7%? more than 50% of those work for the government. >> 7% and more than that if you go up, like -- i think it's 16% if you include -- 13 if you include public, which is -- where it is. a contentious issue. they point to wha
is as the weather got bad yesterday there was a bunch of warm air over lake michigan and that melted the snow and turned it into a nasty cold rain. they had the flights that were delayed yesterday. they have eaten up the access that was created from that. as we look now at the big board it's not very big. the flights that are out there have those magic words attached "on time." getting the flights out of here. we do see significant delays but they are really on either cotion. you -- coast. you can't blame the delays. >> harris: i only counted six flights they did say on time. chicago catching a break but what about the rest are of the midwest? >> in terms of weather. the rest of the midwest got clobbered. wisconsin really got clobbered in dain county where madison is, up to 20 inches of snow. iowa sees snow that rivals the records they set in 2009 or the levels they set in 2009. you have also got tens of thousands of people without power and that's because the wind gusts got up to 50 miles per hour, harris. >> that is tough. it's pretty chilly to be without electricity. we know that all too w
. mia love joinsous that and then... >> caught on cam remarks have you seen the violence in michigan between pro-union protesters and right-to-workers. and new evidence that shows how crazy it's gotten. breaking news in the fiscal cliff crisis. speaker barron killing the vote on his plan "b." look. >> so here we are, ladies and gentlemen... in what appears to many to be dark days. the president is determined to leap off the cliff. >> what the american people are watching right here, right now is the tragic comedy because the other side knows quite well that even if this legislation passes the house today, it is going nowhere. >> president obama and if senate democrats haven't done much of anything. >> this is not a plan -- it's a ploy. >> people are not blaming obama for any of this mess yet. >> two republicans take up our bill in the house, the one that passed here, there is nothing to discuss. we are not taking up any of the things they are working on. >> this idea of passing plan "b" is dead on arrival. >> obama is getting credit for trying to fix it and trying to deal with it --
, pay attention to this. take a look at what is happening in michigan sent in to me on facebook. i didn't know there was a volkin, -- vulcan, michigan. have you got to plow that driveway. 28 degrees. 20 right now. winds not that bad. 7 miles per hour. keep sending me your pictures rick reichmuth on twitter. that is beautiful. what a great picture. going to be a few more scenes like that around the great lakes today. lake-effect snow falling behind the storm. it will be noticeably cooler than yesterday. also going to be breezy today. down towards the southeast a very cool morning across florida. another cool night tonight. in fact we have freeze warnings tonight again in effect across much of florida. especially northern florida. and in towards the northern plains it will be chilly but it will be sunny for the most part. weave will see plenty of sunshine today. out across the west this is where all the action is and parts of central and northern california and areas of oregon as well where we are seeing a lot of rain and snow. l.a. today only a cool 60. might see a few showers moving the
michigan, to be exact. he was his own "in" crowd. fast women, fast cars and souped-up living. >> all the owners i was in tight with. i would go there and have carte blanche everywhere i went. >> did your pop know? did he suspect? >> he didn't suspect until much, much later. >> it would be a rude awakening for both his dad and jimmy that day in 1996 when jimmy was just relaxing in one of his chicago homes. >> all of a sudden, ka boom, the whole door came blowing off the hinges and came flying into the house. and all these d.a., fbi and locals all came in in a single-file line with their automatic weapons pointing at me, freeze, get on the ground, get on the ground. >> he had been caught in a drug sting, spearheaded by that hard-nosed federal prosecutor, larry beaumont. >> we scooped him up in an operation that i ran. we called it operation snowplow. >> and in court, beaumont showed keane no mercy. >> he was coming at you on all fours, wasn't he? >> oh, god. he was a bulldog. >> jimmy was convicted and slapped with a ten-year sentence. >> it was a pretty stiff sentence, and i knew he d
. michigan, parts of indiana, blowing, drifting snow, wind gusts on the shores much lake michigan over 0 mil50 miles an . imagine the waves. all rain from trendon up through bridgeport. some heavy at times. sleet mixing in and snow across parts of the canadian border, winds across a large swath. wind gusting to 50 miles per hour, enough to do some damage. snow totals expected in the next 48 hours or so. along the mountains and across the east side of the great lakes, mostly rain today. looking ahead toward next week. a chance of snow after christmas. let's get through today. >> exactly. my strategy. let's get through today, worry about it when we're there. >>> the wind and rain so powerful in alabama, they uprooted a mercedes dealership's massive billboard. that's the billboard right there. send it crashing into an suv. 50 cars damaged. strong winds flipped some of the cars and downed power lines and debris damaged other cars as well. >>> other stories to talk about this morning. good morning to up. >> thank you, soledad. 2 1/2 hours from now, everything will stop in connecticut and in state
. they were seen catching a taxicab on michigan avenue and went to the robber's mother's house in the south suburb. last night the f.b.i. made an arrest and we hope to learn more today. back to you. >> allyson: a rope of bed sheets so effective but today. >> steve: he was the judge to the supreme court and sparked an epic battle and changed the politics of picking judicial nominees. robert borks role can't be defined by the failed nomination or water gate. but he should be remembered for a different reason. the dean of the university us. >> steve: his contributions were great to america? >> that's right. rather than just picking up going home and going in isolation after the defeat, he started a new career . he became one of our leading public intellectual and commentary . his book is a classic. so his insight in terms of our culture was very important >> steve: when you were dean and putting together the ave maria law school. scalia said hey, you need somebody big. try to get bork and you asked him four types and he said no, no, no . until he said yes. that made a difference for you. >> yo
and you might have noticed, joe, we had quite a good backup quarterback, a rookie from michigan state, kirk cousins. >> and we've got johnny football, freshman. >> freshman, won the heisman. >> he could win four heismans. >> i was hoping your bengals were going to help us out yesterday. >> you know what, john? i was hoping you were not going to bring that up. i've heard people say this, i want my three hours back. i want my three hours back. they were leading until zero time. they were leading until zero. i mean, that's -- if you've been a bengals fan for 20 years, nothing surprises you any more. they were so much better than dallas through the entire game. i feel okay because dallas wag was dealing with some stuff and maybe they won it for the guy that unfortunately lost -- you know, i could see they were playing a little bit inspired. it's better that the bengals do it now than in the first playoffs game. >> the jets won yesterday keeping their playoffs alive. >> here is my question about the bengals. do you see them as still on the rise? >> you didn't see the game? because they wer
's a different story in the great lakes. it's a winter wonderland anywhere in the state of michigan. it snowed hard last night, northern indiana and much of the state of ohio right now is seeing snow. careful driving, interstate 70 going across the lower portions of the great lakes and the ohio valley. and the winds are gusting, too. we probably have a little bit of blowing and drifting snow in indiana, michigan and ohio. and again, those winds this morning around new york city could get as high as 60 miles per hour. the worst of it coming in the next three hours. so keep that in mind as you're driving on the roads or doing anything outdoors. as far as snowfall goes, over the next 24 to 48 hours, we're going to get lake-effect bands. we're also going to see snow on the backside of this big storm. western new york will get a good coating of snow between three to six inches in most locations. so the forecast over the next three days, today's the worst travel day by far, great lakes and the northeast. thankfully as we go through the weekend, it's a little chilly across the country, but the weathe
west virginia and showed an adof shooting a he is reexamining positions michigan governor who talked in the news with regard to unions . he now is going to veto a gun bill that originally he was going to sign off on. nthe gun ban didn't reduce crime. there is also a possibility that the president may try to go after limiting the sale of high capacit i gun clips. if they made the legislation and if there is legislation and it is it small that being possibly happen but charles krauthammer are worried the people on the left may not do a good job with whatever comes down the pike. listen. >> i think it is it likely we'll pass weapon's laws that are useless. and it would be far better to get a commission and have mayor guliani to head it and look not just at guns which is the only place to look for liberals. but there is it shootingly, the gun and environment. >> brian: i thought it would be a national dialogue and not rush to legislation . that's what the president is pushing forward. the i mayor boom boom said he was tiring of doing your job. how about another head of the atf. >> steve:
's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries twice. but if we can do those things we think manufacturing will start coming back. it's not going to really happen in a major way in '13. but you know, '14, '15, these benefits will start to accrue to the economy and if it looks like there's a real strong case for a pickup in earnings growth, in '14, then the market will start to price that in the backup of '13. >> we spend so much time talking about what's going to happen in washington over the next 20 days. it's nice to actually have a conversation about what will happen in the next twelve months. brarry, thank you so much. >> i had to force myself to do it. >> barry knapp at barclays in new york. thanks, man. where's the love for the twinkie? today
'hare ripple effect, you can thank the guy who built lake michigan but next to chicago. as we look at the board, no red color. there are some flight cancellations out of o'hare, but they are due to a myriad of reasons, mechanical problems, bad weather, and icy roads where the planes have to win. big crowds right now, but that is because there are so many people. some 200,000 people are going over the holidays. going through chicago o'hare alone. he will have crowds for a visa to get to the airport early. busiest travel day of the year. but it looks like you're going home to see grandma from airborne to make it. bill: some people are criticizing cancellations because some snow did not hit in certain areas. what's going on? reporter: wisconsin, in particular, they got some 20 inches of snow were madison is located. about 30,000 people without power there. the northern two thirds of indiana are also without power and tons of snow. central indiana also had snow. also, chicago is cooking along. the snow turned to rain things to the great lakes. bill: thank you, mike. martha: poor visibility is being
a power grab. is a serial killer on the loose in michigan this morning, concerns after police made another gruesome discovery in a drain pipe. this is the second time in four months that they have found human remains there. police have now sent the remains to a lab in texas for dna testing and investigators want to determine if the remains match the body parts months ago, which belonged to an unidentified female. she's one of the victims of the mall shooting in oregon, the only one to survive. and the first time christina is talking about the terrifying moment she came face-to-face with that gunman. >> saw him for an instance, only to see that he was wearing black, a mask and carrying a gun. i didn't realize it was a real gun. i thought maybe it was a prank. we have to cherish every moment because we never know when it could be the last. >> that's beautiful wisdom. and doctors removed fragments from her lung and liver and she's happy to be obviously to celebrate christmas. listen up twinkie fans, you can breathe a sigh of relief. the iconic cake is likely returning to store shelves, it's u
in detroit. this morning, 2,300 jobs in michigan. the company will spend about $750,000 to expand new facilities. it is hoping to add 20,000 positions by 2013. >>> economists warn we could be headed to another recession if president obama and congress fail to find a way to avoid the fiscal cliff of tax increases and spending cuts that will take effect january 1. the president is returning to washington this morning, cutting short his holiday vacation. however, with only five days before the fiscal cliff deadline, no new negotiations have been scheduled. and adding to the pressure, treasury secretary tim geithner says the country is on track to hit its borrowing limit on monday. >>> and former president george h.w. bush has been moved to the intensive care unit at a hospital in houston. he's in guarded condition because of a stubborn fever. former president bush has been in the hospital for more than a month trying to recover from bronchitis. >>> you think you pay a lot to park. not compared to folks in chicago. it's going to soon cost $6.50 per hour. that's like 10 cents a minute at a
? >> oh, i know this one. >> does it begin with an "m"? >> the maldives. madagascar. montana. >> michigan. >> oh, wait, oh, wait. >> let's think about it. and listen to sam's >> mississippi. >> sam, you out there? >> we are. folks look at this. i love it. and tell me the story. tell me. >> this is for my third grade students. i told them to watch this morning so they've all set their tvs to watch me on "good morning america" with sam champion. >> look at the audience and their holiday signs. we start with -- i was going to hold off for the live shot from atlanta, if we could just -- i wanted to get there you go. now get everybody in. all the way down, all the way down, all the way down, look at the crowd in times square on this prichristmas eve with us t morning. look at the maps here. we'll show you where the stloor will be rolling today. they roll from houston to atlanta. tomorrow, they kind of just keep rolling. in some case, they pick up steam. if you're in the deep south, stay up with your local abc station. there may be one or two tornadoes tomorrow. elsewhere, a little snow in some
to think? lake michigan and all the warm air that comes that comes off the lake. it melted the snow. the surrounding states got clobbered. wisconsin had 20 inches of snow. parts of dane county and medicine. iowa, looking at depths of snow that they haven't seen since 2009. central illinois covered with snow. here in the windy city, where we have the ability to make it difficult for you to get over the river and through the woods to grandmother's house -- if you get there late come he can't blame o'hare now because things are cooking along. ashley: mike tobin, thank you, sir. more now on the fiscal cliff. how automatic spending cuts on january 2, affect defense contractors for. joining us now is charles wald, a retired four-star general. general, thank you for joining us. if nothing is done, we got the fiscal cliff. $35 billion or 10% of the defense budget will be cut. can it handle that kind of back? >> were the things that has been missed is the uncertainty over the last year. in particular, the last six months. but the the budgetary cuts have already started to take place from the
snow. chicago, michigan, all those midwestern states, now bracing for a big storm but come a little bit late. >> global warming. that's what people are saying. >> let's check in with bob pisani here on the floor this morning. bob, have you met snoopy yet? >> hey, no haven't met snoopy. everybody here distracted, i think a little news everyone is talking b try to answer issues, people want to know what is going on here. the deal reflectsed diminishing value of the stock trading business and the higher value of the derivatives business. when i say diminishing value, remember the nasdaq ice bid that happened in april 2011? 4253. today's deal, 3312. that's not lost with anybody. a higher p, market cap here. what is going to happen to the stock trading busy in know what they are saying what is really going to happen? a lot of the betting, they will spin off the european part of the cash equities business, retaint u.s. part. however, that does not mean that in the future, you couldn't having? happen. you couldn't spin it off, ipo it in the future, even having current management retain control
of things. a stretch of michigan could see mixing. into friday the system makes its way to the east coast. new york dealing with rain in the morning. d.c. may be safe from that. on the back side, a lot of us will be cooling down. a big-time travel week, especially toward the holiday season. so a number of things to keep a close eye. and saturday almost all the -- close eye on. and saturday almost all the snow is lake-effect snow. the eastern edge of the lakes through western p.a., western new york, the better chances for some of the snow with that system. a lot to watch there, guys. >> all right. and you don't -- that's all loaded into your thing. you press -- press it, and it just -- it happened. you don't have like -- you're not pressing snow. you don't have like a rain button or sleet button. you can't just turn that into sleet, can you? >> if i could do it, i would turn atlanta into a ski town. >> that would be good. in denver now, do you know, is it going better than last year -- in the reeks there, do they have a better base? is it looking good for the season, do you know? >> so far
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